The post Ripple Vs SEC Lawsuit: Pro-XRP Lawyer Tips 25% Chance for Ripple Victory appeared first on Coinpedia Fintech News
What if the ongoing lawsuit against Ripple could end in their favor? Pro-XRP attorney John Deaton believes there’s a one-in-four chance that the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple Labs could result in a total win for the blockchain company.
Ripple SEC Case: Legal Predictions and Potential Outcomes
Deaton, the founder of CryptoLaw, has been a vocal supporter of Ripple throughout the lawsuit, initiated by the SEC in December 2020. The suit alleges that Ripple’s XRP token was part of an unregistered securities offering. But could there be a chance that the tables turn in favor of Ripple?
In a recent Good Morning Crypto podcast episode, Deaton ventured to predict the potential outcomes of the case. He proposed a 25% chance of an outright victory for Ripple and a 50% chance for a ‘split-the-baby’ ruling. What exactly does this m
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